With regards to XAUUSD right now, as mentioned on my previous post on 21st April, price action on the hourly candles will dictate whether or not I will do range trading or between 2324,2325-2420, currently it seems I won't be opting for range trading, as there is a clear break on 2324-2325 levels. Based on my post that on 13th April , I am assuming that XAUUSD...
BTCUSDT possible wave 4 scenario. The blue trendline act as a strong support and was tested only twice . Fibonacci levels for wave 4 are in purple . Inducements (liquidity traps) are marked and act like a magnet most of the times . Invalid on chart . Good LUck
The gold has been flying on a 90° trajectory since the gap it created around 1840 , you must have heard that all wicks needs to be filled so does all the gaps that's just the Fact , Gold has come a long way from 1840 to 2260 , most of you might be thinking that now interest rate cuts are about to happen to it'll make sense that gold will go more high up but that's...
4H is swing bullish => current is pullback dow 15 is swing bearish => current is pullback up We look for more opportunities to sell down when the price increases and breaks through IDM
Disclaimer: It's been really hard to count the waves since the start of 2023, not helped by erratic political and geopolitical movements. These counts are based on super-basic Elliot Wave rules: - 5 wave movements (3 impulses, 2 correctives) - Wave 2 is never a triangle, often retraces 61.8% - Wave 3 is never the shortest, often the longest - Wave 4 is opp in...
BNB is currently in gray wave 4 correction. At the moment, it seems that this is a triangle formation. Nevertheless, this is not a good price for a trade, since the stop loss would have to be way down, and wave 5 could be short (since 3 was extended). In case we get a deeper pullback, I'll look for long trades. If not, I'll wait for wave 5 and a larger correction.
Hey guys here's what i am looking at on UJ, as we all know the yen has been really weak so i am really bullish on all pair trading against the yen. price is currently at a demand area on the daily so i am expecting bullish continuation all the way till 155.000 lv.
BINANCE:BTCUSDT After attempting to break through the premium Lvl and being rejected by multiple daily candles, the price has initiated a triple correction ABC. We've retested a strong support zone between GETTEX:59K to $61k with multiple daily candles, and the price has respected this area, Now, we're seeing the bearish momentum weakening after completing...
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
This coin must be the most complex coin ever. But I remain bullish with my bias to $50-$60 top wave 3 into late 2025
Wif long setup with a tight setup.. ready to break the trend line if this low holds its good to go.
GBPUSE TRADE BREAKDOWN VIDEO Almost you might love this trade breakdown if you have any problem please feel free to comment GU was Good 22/04/2024
Hello I do not talk about it but just mention that please do not enter any position unless your confirmations (Reliable ones) have been met and you are entering in the end of a wave 2 to gat wave 3. Important rule: In my experience, it is really crucial for new traders with Elliott method that just try to find wave 3s of impulses and after they become more...
Currently I'm holding long to reach the first sell zone as my target, I'm willing to add to my sell after that if the price pushes higher against me, and ill keep a hard stop above the red line. however if we get a drop from any of the sell zones I cant say for sure where our targets would be for now. the target areas of sellers shown on the chart represent a...
Hello,Traders! GBP-USD went down but Will soon hit a rising support Line from where we will Be expecting a local Bullish rebound Buy Like, comment and subscribe to help us grow! Check out other forecasts below too!
#MANA Price moves in a head and shoulders pattern And now we're at the shoulder, where a breakout will be a strong upside support. Current Price0.5312 First Goal 0.8300 Second goal 1.1000
The chart posted is that of the spy in which I posted back in March I have NOT changed the labeling as it was correct .We are at the end of wave A down and should see a rather sharp ABC rally back up to a min of 5150 and then a pullback followed by the last wave up I do think it can reach as high as 5330 this is the alt to my 5261. We are now one of the...